Oireachtas Joint and Select Committees
Thursday, 9 March 2017
Select Committee on Jobs, Enterprise and Innovation
Knowledge Development Box (Certification of Inventions) Bill 2016: Committee Stage
2:00 pm
John Halligan (Waterford, Independent) | Oireachtas source
I remind the Deputy the OECD set out the guidelines in the first place and the certificate is in line with what was set out by the OECD. The KDB certificate will allow SMEs to exploit their intellectual property, IP, assets without incurring the costs associated with obtaining a patent in the first place. That is a big asset for SMEs.
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